Recent content by Gareth ACA Accountant

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    Azure "cloud office"

    Hi all, I run a small business (just me at the moment). All my work is done through my computer, a combination of MS Office and cloud based software packages. I am looking to scale up, with a combination of staff and outsourced individuals. What I am looking to do is set up the equivalent of...
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    Advice setting up virtual domain controller

    Interesting thoughts on the Synology. I thought they were just for storage, but I will check it out. Thanks for your input
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    Advice setting up virtual domain controller

    The short version is that I am looking to create a test office network for 5-10 users. As it is a test I don't want to go down the route of paying for an expensive server and software This will involve a LAN on my home network, and will include a domain controller with a DHCP and possibly a DNS...
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    Advice setting up virtual domain controller

    So this will be just a test network or lab so I'm not worried about single point failure, or bandwidth. I'm basically just practicing at home before setting up a "proper" network for an office in the future. To get from workstation to VM Nethserver to internet, am I going to need some additional...
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    Advice setting up virtual domain controller

    So I would like to set up my own network inside my home wifi. I'm a bit new to this so I may have some of this wrong The set up should be really simple but let me explain: The broadband router is virgin media wifi and any device should be able to connect to this without anything changing...
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    Virtual number redirection to mobile

    Hi all, I'm looking to set up an accountancy firm and need a virtual number. I'd be interested in hearing from either suppliers or other businesses that have a similar set up to my needs: I need a local landline I need it to redirect to my mobile I need to be able to forward on to a call...
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    VAT threshold and 14.5%

    Just to follow this up - I recently wrote a post on my site about the confusion over the flat rate VAT scheme that might be of help: http://www.theaccountingstudio.co.uk/vat-flat-rate-scheme-costing-money/
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    selling my share in a business, what are the tax implications?

    Were you an employee or director of the business when the transaction took place? If not then unfortunately you've lost the right to entrepreneurs relief - its one of the most common reasons people loose out - you need to be an employee or director at the time you sell your shares!
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    Selling a business (Ltd company)

    If it were me I would try to encourage them to purchase the shares. You will pay capital gains tax (CGT) on selling the shares as individuals and by the sounds of it, only pay 10% on the gain. You are allowed to make £11k on gains each year each before you pay CGT. Lets assume your gain is the...
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    selling co shares

    Companies can buy back shares from their shareholders and treat it as a capital distribution if its fore "the benefit of the trade". This scenario sounds like it would fit some of the benefit of the trade tests that have been established through case law and HMRC tribunal outcomes. The benefit...
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    Best Accounts Package at present?

    Have you looked at Quickfile - its free but its really really quite good from what I have seen
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    Awardspace experience

    Anyone used this hosting provider's free account? Any horror stories I should know about?
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    Cloud Accounting

    Go with a reputable company! Xero, QuickBooks, Freeagent etc You can always take backups
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    HMRC defeats £30m EY tax avoidance scheme!

    Tax avoidance schemes - when will people realise they just don't work. So many people have been stung over the years. Who wants to live with that potential massive liability hanging over them...
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    Help! Abandoned by accountant!

    Once you have sorted all this out (getting it sorted should be your first main priority), I think you might have a case against this accountant with his professional body (assuming he has one)